E-Power Resources Inc. (CSE: EPR) (‘E-Power’ or the ‘Company’) reports the following management changes.

• At a meeting held November 13, 2025, the Board of Directors of the Company has accepted the resignation of Mr. James Cross as Chief Executive Officer (‘CEO’) of the Company. Mr. Cross has been on a leave of absence from the Company since September 22, 2025.

• The Board of Directors of the Company has appointed Mr. Jamie Lavigne as Chief Operating Officer (‘COO’) of the Company while vacating the role of Vice President Exploration. The appointment is in anticipation of an expanded role to manage not only exploration and resource delineation but to also manage technical studies supporting resource development. Mr. Lavigne remains the Interim CEO pending appointment of a new CEO.

• The Board of Directors has formed a committee, led by Director Alexis de la Renaudiere, to continue, and conclude, discussions and negotiations with a candidate to be appointed CEO of the Company.

Michael Danielsson, Director of E-Power commented: James cofounded E-Power and from incorporation through becoming a public company James has been the face of E-Power. The Board of Directors wish to thank James for advancing E-Power to date and wish him all the best in the future. We look forward to the appointment of James successor in the near future and to continuing success in the development of the Tetepisca property.

About E-Power

E-Power Resources Inc. is a Québec Corporation based in Montréal and focused on battery minerals exploration in Québec. The Company is currently focused on flake graphite resource development on the Tetepisca Property located in the Innu Nation of Pessamit, North Shore Region of Québec.

For more information about E-Power Resources Inc. please visit the Company website at:
e-powerresources.com

Notice Regarding Forward-Looking Statements:
This news release contains ‘forward-looking statements’. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274517

Emerita Resources Corp. (TSX-V: EMO; OTCQB: EMOTF; FSE: LLJA) (the ‘Company’ or ‘Emerita’) is pleased to provide an update on recent drill results from its El Cura deposit delineation drilling program. The Company continues to intersect excellent grades of copper-gold rich mineralization and expand the deposit to the west. El Cura is part of Emerita’s wholly owned Iberian Belt West project (‘IBW’ or the ‘Project’; Figure 1) which includes three Volcanogenic Massive Sulfide (VMS) deposits: La Romanera, El Cura and La Infanta. Results contained in this news release are from El Cura deposit.

Recent HIGHLIGHTS from the ongoing drilling campaign at El Cura include:

• Drill hole EC072: 9.6m grading 2.7% copper, 0.4% lead, 0.5% zinc, 1.85 g/t gold and 27.08 g/t silver.
• Drill hole EC079: 6.9m grading 1.4% copper, 0.9% lead, 2.4% zinc, 1.32 g/t gold and 48.22 g/t silver.
• Drill hole EC076: 1.2m grading 0.5% copper, 0.9% lead, 0.5% zinc, 1.02 g/t gold and 38.00 g/t silver.
• Drill hole EC078: 3.0m grading 0.3% copper, 0.6% lead, 1.5% zinc, 0.25 g/t gold and 7.00 g/t silver.
• Drill hole EC082: 5.5m grading 0.6% copper, 0.3% lead, 0.6% zinc, 0.63 g/t gold and 15.55 g/t silver.

Complete data for the drill holes is included in Table 1 below.

Figure 1. IBW tenement and locations of La Romanera, El Cura and La Infanta deposits. Data in this news release is from El Cura Deposit.

View Figure 1 here: https://www.globenewswire.com/NewsRoom/AttachmentNg/f61ec38c-8623-48a3-a0b3-3883b412bb6a

Table 1 details drill results contained in this news release. Drill hole traces are shown in Figure 2.

Table 1: Recent drilling results received for the El Cura deposit. True width of the intercepts is expected to be 90-95% of core width.

Figure 2. Plan view map showing drill hole traces of El Cura drilling. Hole traces in this NR colored red.

View Figure 2 here: https://www.globenewswire.com/NewsRoom/AttachmentNg/b335b342-1a6d-4eaf-abcf-7bbd1493ab40

Figure 3. Vertical longitudinal section of El Cura deposit, oriented east-west, looking north. Holes EC072, EC074, EC076, EC078, EC079 and EC082. Deposit as presently defined is illustrated in green.

View Figure 3 here: https://www.globenewswire.com/NewsRoom/AttachmentNg/14695094-1b15-4189-b892-50707df3ab71

Discussion

Results include two shallow-level resource holes in central El Cura (EC076, EC079); three drill holes towards the west of the currently delineated deposit (EC078, EC072, EC082); and one hydrological hole for geotechnical purposes in the lower east area. All holes intercepted massive and semi-massive sulfide except for the geotechnical hole, which was designed to provide water-balance data for future mine planning.

The two central holes were part of the ongoing program to delineate the upper portion of the resource. Hole EC079 intercepted 6.9m grading 1.4% copper, 0.9% lead, 2.4% zinc, 1.32 g/t gold, and 48.00 g/t silver; and hole EC076 cut 1.2m grading 0.5% copper, 0.9% lead, 0.5% zinc, 1.02 g/t gold, and 38.00 g/t silver, 70 meters to the west.

The west and deep-west drilling continues to extend the deposit. Drill holes EC072, (9.6m grading 2.7% copper, 0.4% lead, 0.5% zinc, 1.85 g/t gold, 27.08 g/t silver); hole EC082 (5.5m grading 0.6% copper, 0.3% lead, 0.6% zinc, 0.63 g/t gold, 15.55 g/t silver); and EC078 (3.0m grading 0.3% copper, 0.6% lead, 1.5% zinc, 0.25 g/t gold, 7.00 g/t silver). EC072 extends the thick, gold-copper zone observed in hole EC046 (8.9m grading 1.1% copper, 0.3% lead, 0.0% zinc, 1.21 g/t gold, 15.48 g/t silver – see news release dated October 17, 2025) westward by 35 meters.

Drilling to date at El Cura to date has delineated mineralization down-plunge and along strike for approximately 650 meters from hole EC003B (8.2m @ 0.9% copper, 0.2% lead, 0.3% zinc, 0.75 g/t gold, 26.29 g/t silver) to hole EC080 (4.1m @ 3.9% copper, 3.6% lead, 8.5% zinc, 4.08 g/t gold, 96.39 g/t silver).

Figure 4. Geological cross sections. A: Section 649500E showing holes EC082. B: Section 649550E showing holes EC072 and EC078. C: Section 649850E showing hole EC079E. D: Section 650900E showing hole EC076.

View Figure 4 here: https://www.globenewswire.com/NewsRoom/AttachmentNg/58104407-1369-4d84-89b3-690b812051be

Figure 5. Photos of El Cura drillcore: A: EC072 fine grained chalcopyrite crystals occur in association with hydrothermal quartz veins. B: EC076 Fine grained massive sulphide with pyritic matrix and millimetric veinlets rich in sphalerite and galena, locally containing disseminated chalcopyrite along microfractures. C: EC078 Banded polymetallic sulphide with layers of sphalerite galena–chalcopyrite within a felsic tuff.

View Figure 5 here: https://www.globenewswire.com/NewsRoom/AttachmentNg/f29a6902-14cf-4c9e-8824-7c8cfefab201

Figure 5 continued. Photos of El Cura drillcore: D: EC079 massive sulphide with pyritic matrix and milimetric sphalerite/galena rich veinlets within some chalcopyrite in millimetric crystals. E: EC082 pyritic rich massive suphide with chalcopyrite in millimetric veinlets.

View Figure 5 continued here: https://www.globenewswire.com/NewsRoom/AttachmentNg/3ccaac24-d8b3-47ec-bb27-1f0c927372a9

Quality Assurance/Quality Control

Drilling at El Cura is HQ size and core is placed into core trays at the drill site and transported directly from the site to Emerita’s coreshack (15km) from El Cura. Once the cores are received at Emerita’s coreshack they are photographed, and geotechnical logging is performed. Geological, mineralogical and structural logging follows and mineralized zones are identified. The samples are marked every 1m or less, and respecting lithological contacts, with most of the samples 1.0m long. The zone immediately above and below the mineralized zones are also sampled. Core samples are sawed in half and half of the core is returned to the core tray for future reference. Once the core samples are cut, bagged and tagged, they are shipped to the ALS laboratory in Seville by Emerita personnel where sample preparation is done. In Seville, ALS performs the mechanical preparation of the samples and then the pulps are sent to ALS Ireland (ICP) and ALS Romania (fire assay). The analysis at ALS Lab corresponds to the ME-ICPore (19 elements) package, together with the Au-AA23 fire assay (Gold). ALS is independent of Emerita.

10% of the analyzed samples correspond to control samples (fine blanks, coarse blanks, high, medium and low-grade standards). In addition, 10% of pulps are reanalyzed at a second independent certified laboratory (AGQ Lab Sevilla). When the analysis is completed, the certificates are received from the laboratory and the QA/QC protocol identifies any deviation or anomaly in the results and the entire batch is re-assayed in such case. Once the data is approved by the QA/QC protocol assays are entered digitally directly into the database.

Qualified Person

Scientific and technical information in this news release has been reviewed and approved by Joaquin Merino, P.Geo., who is a ‘Qualified Person’ as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’) and President of the Company. Mr. Merino is not considered independent of Emerita.

About Emerita Resources Corp .

Emerita is a natural resource company engaged in the acquisition, exploration, and development of mineral properties in Europe, with a primary focus on exploring in Spain. The Company’s corporate office and technical team are based in Sevilla, Spain with an administrative office in Toronto, Canada

For further information, contact:

Ian Parkinson
+1 647 910-2500 (Toronto)
info@emeritaresources.com
www.emeritaresources.com

Cautionary Note Regarding Forward-looking Information

This press release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the prospectivity of the IBW project and El Cura, the mineralization and the IBW project, the economic viability of the IBW project, the Company’s exploration program, the Company’s future exploration plans and the Company’s future plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or variations of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be taken’, ‘occur’ or ‘be achieved’. Forward- looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Emerita, as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; risks associated with operation in foreign jurisdictions; ability to successfully integrate the purchased properties; foreign operations risks; and other risks inherent in the mining industry. Although Emerita has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Emerita does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

western copper and gold corporation (TSX: WRN) (NYSE American: WRN) (‘Western’ or the ‘Company’) is pleased to announce the appointment of Mark E. Smith, P.E., P.Eng., to its Board of Directors (the ‘Board’).

Mr. Smith is a professional engineer with over 45 years of global mining experience. He co-founded and managed Vector Engineering for nearly 25 years, a consulting and engineering firm with a staff of 500 people and offices in seven countries. His technical leadership and judgement have been relied upon by many of the world’s largest mining companies, including BHP, Rio Tinto, Barrick, Newmont, Vale, Glencore, and Teck. Mr. Smith holds a Master’s degree in Civil and Geotechnical Engineering from the University of Nevada, Reno.

He has worked extensively in the Yukon, contributing to projects such as Coffee, Macpass, and Mactung, and has advised the Government of Yukon on mine waste and heap leach management practices. More recently, he was appointed by the Government of Yukon to chair the Independent Review Board for the Eagle Mine investigation.

‘We are extremely pleased to welcome Mark to our Board,’ said Sandeep Singh, President & Chief Executive Officer. ‘Mark has a deep understanding of the Yukon and has been a well-respected technical voice in the North for over a decade. His extensive experience and deep knowledge of the territory will be invaluable as we advance Casino through environmental assessment and permitting.’

‘Mark’s addition to the Board builds on Western’s commitment to the highest technical and environmental standards,’ said Raymond Threlkeld, Chairman of the Board. ‘His global expertise will strengthen Western’s ability to sustainably advance a world-class operation in the Yukon.’

‘I’ve dedicated my career to developing successful and environmentally-sound copper and gold projects around the world,’ said Mark E. Smith. ‘From concept to design, construction, operations, and closure, I’ve helped bring hundreds of projects into successful, sustainable production. I’m impressed by the approach taken towards the Casino Project and believe it can have a positive impact on the Yukon. I’m very happy to have been invited to join the Western team.’

ABOUT western copper and gold corporation

western copper and gold corporation is advancing the Casino Project, Canada’s premier copper-gold mine in the Yukon and one of the most economic greenfield copper-gold mining projects in the world.

The Company is committed to working collaboratively with First Nations and local communities to progress the Casino Project, using internationally recognized responsible mining technologies and practices.

For more information, visit www.westerncopperandgold.com.

On behalf of the board,

‘Sandeep Singh’

Sandeep Singh
President & CEO
western copper and gold corporation

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively ‘forward-looking statements’) within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this news release. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘plans’, ‘projects’, ‘intends’, ‘estimates’, ‘envisages’, ‘potential’, ‘possible’, ‘strategy’, ‘goals’, ‘opportunities’, ‘objectives’, or variations thereof or stating that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved, or the negative of any of these terms and similar expressions. Such forward-looking statements herein include statements regarding the Company’s plans to advance the Casino Project through environmental assessment and permitting; expectations regarding the contributions and value that Mr. Smith’s appointment will bring to the Board and the Company; the Company’s ability to sustainably advance a world-class operation in the Yukon; expectations that the Casino Project can have a positive impact on the Yukon; and the Company’s commitment to maintaining the highest technical and environmental standards in the development of the Casino Project.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual events to be materially different from those expressed or implied by such statements. Such factors include but are not limited to the risk of unforeseen challenges in advancing the Casino Project, potential impacts on operational continuity, changes in general market conditions that could affect the Company’s performance; and other risks and uncertainties disclosed in the Company’s annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure documents.

Forward-looking statements are based on assumptions management believes to be reasonable, such assumptions and factors as set out herein, and in the Company’s annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure document.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, other factors may cause results to be materially different from those anticipated, described, estimated, assessed or intended. These forward-looking statements represent the Company’s views as of the date of this news release. There can be no assurance that any forward-looking statements will be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not intend to and does not assume any obligation to update forward-looking statements other than as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274462

Copper Quest Exploration Inc. (CSE: CQX; OTCQB: IMIMF; FRA: 3MX) (‘ Copper Quest ‘ or the ‘ Company ‘) is pleased to announce that it has entered into an arms-length Option to Purchase Agreement (the ‘ Agreement ‘) dated November 7th, 2025 with 0847114 B.C. Ltd. (‘ Privco ‘), a British Columbia Incorporated company that holds 100% ownership, title, and interest in the Alpine Gold Property (the ‘ Property ‘), located in the West Kootenay region of British Columbia (the ‘ Acquisition ‘).

Highlights of the Alpine Gold Property

• 2018 NI43-101 Inferred Resource of 268,000 tonnes estimated using a cut-off grade of 5.0 g/t Au and an average grade of 16.52 g/t Au that represents an inferred resource of 142,000 oz of gold (McCuaig & Giroux, 2018).
• Substantial opportunity to grow the maiden Alpine resource to the east-west and to depth with only about 300m of the roughly 2km long vein system explored to date by underground mine workings and drilling.
• Estimated 24,000 tonnes Run of Mine mineralized stockpile on surface presenting a possible near term cash flow opportunity.
• 1,650 meters of clean and dry underground workings accessing sampled and mineable zones.
• At least 4 additional relatively unexplored vein systems on the Property (Black Prince, Cold Blow, Gold Crown & past-producing King Solomon), all hosting historic high-grade gold values.
• Road accessible 4,611.49-hectare Property including 15 Crown Grants (1 with surface rights) and 19 staked mineral claims with all-season operation potential (Figure 1).
• Additions of Mr. Allan Matovich to the Board of Directors. Mr. Ted Muraro and Mr. John Mirko as Technical Advisors on closing. They have a combined mining and exploration experience of 150+ years in the industry.

The 4,611.49-hectare Property is approximately 20 kilometers northeast of the City of Nelson (Figure 1) and hosts the former operating underground mine with a recorded production of approximately 16,810 tonnes of mineralized vein material (Table 1). This material contained 356,360 grams of gold, 222,054 grams of silver, 49,329 kilograms of lead and 17,167 kilograms of zinc. The other 4 significant vein systems on the property will also be explored including the Black Prince and Cold Blow quartz veins approximately 3km to the northeast of the Alpine mine, the Gold Crown vein system 600m southeast, and the past-producing King Solomon vein workings 1.8km to the south. Further information about the Alpine Gold property will be forthcoming in the upcoming weeks.

Brian Thurston, President & CEO of Copper Quest, commented : ‘ With Gold prices at all-time highs, The Alpine Gold property creates a tremendous opportunity to create near term value. I look forward to closing the transaction and welcoming Mr. Matovich, Mr. Muraro and Mr. Mirko to the team.’

Figure 1: Location Claim Map

Appointment of Mr. Allan Matovich as Director

Copper Quest is also pleased to announce that upon closing of the acquisition, Mr. Allan Matovich will join the Company’s Board of Directors. Mr. Matovich is the principal owner of the Alpine Gold Property.

Mr. Matovich has 60+ years of mining and exploration experience in Canada and the United States. He first started with Cominco in Trail BC working in the smelter operation. Mr. Matovich then started Matovich Mining Industries where they supplied considerable tonnages of siliceous flux materials, lead and zinc concentrates to Cominco for over 20 years. Mr. Matovich then opened up a mining operation in 1997 in Northern British Columbia to supply barite for drilling fluids in the oil and gas industry. This mining operation is still in production today. Mr. Matovich also opened up a barite operation in Washington State that is going into production. He also worked with Halliburton, Baker Hughes, and Newmont and was very successful. In 2000, Mr. Matovich purchased the Alpine Gold Mine and since then has spent a considerable amount of time proving up the project.

Mr. Matovich commented ‘ I am very pleased to bring the Alpine Gold Property to Copper Quest and join as a director. The company has a fantastic portfolio of critical mineral projects advancing and the Alpine Gold Project gives a potential near term cash flow opportunity along with upside to grow the current resource with drilling. I look forward to working with the Copper Quest team to help create value for all stakeholders involved.’

Table 1 – Production History – Minfile (082FNW127) for Alpine Mine for gold (Au) and silver (Ag)

Appointment of Mr. Ted Muraro as Technical Advisor to the Board

Mr. Muraro will be appointed as Technical Advisor to the board on closing of the transaction. Mr. Theodore (Ted) W. Muraro has accumulated over six decades of experience in mineral exploration, including 35 years with Cominco where he advanced through Exploration to serve as the companies Chief Geologist and Internal Consulting Geologist. Early in his career, Mr. Muraro gained underground experience at Keno Hill, HB Mine, Sullivan, and Western Mines. His tenure at Cominco was marked by direct involvement in the discovery and subsequent successful development of the Westmin Mine at Buttle Lake, the Polaris Mine on Little Cornwallis Island in the high Arctic, and Snip Mine on the Iskut River. Following his service at Cominco, Mr. Muraro assumed the role of Vice President, Exploration at Romanex and International Barytex Resources, contributing his expertise to international gold projects.

Mr. Muraro, who was awarded the Spud Huestis award in 2021 for his outstanding contributions to the industry and excellence in exploration, worked as an independent consultant (T.W. Muraro Consulting 1993-2016) on base metal and gold exploration projects around the world until his retirement in 2016. In these later years, he served on several boards as Director and/or Advisor, most recently with Imperial Metals. Mr. Muraro’s working relationship with Al Matovich started in the Rossland Mining Camp and shifted to the Alpine Property in the late 80’s.

Appointment of Mr. John Mirko as Technical Advisor to the Board.

Mr. Mirko will be appointed as Technical Advisor to the board on closing of the transaction. Mr. Mirko has over 40 years’ experience in the mining industry, past President and Founder of Canam Alpine Ventures Ltd. (recently sold to Vizsla Resources Ltd.), currently President and Founder of Canam Mining Corp. and Rokmaster Resources Corporation.

From 1986 to 2010 Mr. Mirko the founder, President-CEO and Director of 4 public mining-exploration companies and a founder and Director of 3 others. He has been self-employed in the sector since 1972 as a prospector, contractor and consultant involved in exploration, development and mine construction of various projects in 12 counties, and commercial production of mineral concentrates and metal products from 5 of the projects.

In 2008, Mr. Mirko was a recipient of the ‘E. A. Scholtz Medal for Excellence in Mine Development’ from the Association for Mineral Exploration of British Columbia, and in 2009, the Mining Association of British Columbia’s ‘Mining and Sustainability Award’ for the MAX Mine.

Mr. Mirko is currently a member in good standing of the Society of Economic Geologists, Inc., the Canadian Institute of Mining, Metallurgy and Petroleum, the Prospectors and Developers Association of Canada and AME BC.

Transaction Details

The Agreement provides for the purchase of all the minerals claims and crown grants held by the Privco that make up the Alpine Gold Property. At closing Copper Quest will issue 14,177,517 Copper Quest common shares to Privco at a deemed price of $0.175c per share. The Shares will have a 24-month escrow agreement from closing date.

Additionally, Copper Quest will reimburse $225,000 towards the 2025 expenditures of the Property that was completed earlier this year and a 2 percent NSR will be granted to Privco on closing of the Acquisition with half being able to be bought back for CAD$1-million.

Closing is subject to a 45-day due diligence period, exchange approval and other customary closing conditions. Closing may occur prior to the 45-day due diligence period. A finder’s fee is payable in common shares in connection with the transaction.

Qualified Person

Brian Thurston, P.Geo., the Company’s President, CEO and a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects , has reviewed and approved the technical information in this news release.

Gold: Global Demand & Supply

Global demand for gold remains strong, supported by persistent geopolitical uncertainty, inflationary pressures, and ongoing central bank purchases. At the same time, supply growth is limited, with declining reserves at mature mines, few large-scale discoveries, and rising development costs. This tightening supply backdrop highlights the strategic value of advancing new gold projects in secure, mining-friendly jurisdictions. Copper Quest is aligned with these global trends, positioning Alpine to contribute to the next generation of significant gold discoveries.

Stock Options

The Company has granted stock options to Directors, Management, and Consultants of the Company to acquire an aggregate of 2,600,000 common shares in the capital of the Company, pursuant to the Company’s Equity Incentive Plan. The stock options are each convertible into a common share of the Company at an exercise price of $0. 20 until November 13, 2030.

About Copper Quest Exploration Inc.

Copper Quest ( CSE: CQX; OTCQB: IMIMF; FRA: 3MX ) is focused on building shareholder value through strategic acquisitions and the exploration and development of its North American Critical Mineral portfolio of assets. The Company’s land package currently comprises five critical mineral projects that span over 40,000+ hectares in great mining jurisdictions.

Copper Quest has a 100% interest in the Stars Property, a porphyry copper-molybdenum discovery, covering 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt. Contiguous to the Stars Property, Copper Quest has a 100% interest in the 5,389-hectare Stellar Property. CQX also has an earn-in option up to 80% and joint-venture agreement on the 4,700-hectare porphyry copper-molybdenum RIP Project, also in the Bulkley Porphyry Belt.

Copper Quest has a 100% interest in the Nekash Copper-Gold Project, a porphyry exploration opportunity located in Lemhi County, Idaho, along the prolific Idaho-Montana porphyry copper belt that hosts world-class systems such as Butte and CUMO. The project is fully road-accessible via maintained U.S. highways and forest service roads and currently consists of 70 unpatented federal lode claims covering 585 hectares.

Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern BC which spans over 20,658 ha with 10 high-priority targets identified demonstrating significant copper and precious metal mineralization potential.

Copper Quest’s leadership and advisory teams are senior mining industry executives who have a wealth of technical and capital markets experience and a strong track record of discovering, financing, developing, and operating mining projects on a global scale. Copper Quest is committed to sustainable and responsible business activities in line with industry best practices, supportive of all stakeholders, including the local communities in which it operates. For more information on Copper Quest, please visit the Company’s website at Copper Quest .

On behalf of the Board of Copper Quest Exploration Inc.

Brian Thurston, P.Geo.
Chief Executive Officer and Director
Tel: 778-949-1829

For further information contact:

Investor Relations
info@copper.quest

Forward Looking Information

This news release contains certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘ forward-looking statements ‘) within the meaning of applicable securities legislation. All statements, other than statements of historical fact included herein, including without limitation, future operations and activities of Copper Quest, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3309c0ba-17fd-4a57-b498-e8a3c49534fc